VERSES Provides Q4 Corporate Update
VERSES AI Inc. is progressing towards the commercial launch of its innovative Genius product, which combines active inference and learning to enhance real-time decision-making in enterprises. The company has achieved notable results in the Atari 10k Challenge, outperforming traditional models with significantly reduced data and computation requirements. A smart city project in Abu Dhabi is […]
Silicon Metals Expands Unit Offering and Completes Final Tranche, Raising $147,500 for Total Proceeds of $442,145 – Silicon Metals Corp
Silicon Metals Increases Unit Offering and Closes Final Tranche of $147,500 for Aggregate Gross Proceeds of $442,145 – Silicon Metals Corp Silicon Metals Corp. (CSE:SI) has completed the second tranche of its non-brokered private placement, raising $147,500 through 2,269,230 flow-through units, bringing the total raised to $442,145. Each unit consists of a common flow-through share […]
VERSES Renews Agreement with Chief Scientist Karl Friston
VERSES AI Inc. has extended its exclusive contract with renowned neuroscientist Professor Karl Friston as Chief Scientist, enhancing his role with performance-based incentives tied to recent research breakthroughs. CEO Gabriel René highlighted Friston’s contributions to the company’s flagship product, Genius™, which models complex systems and embodies principles from science and nature. Friston expressed his dedication […]
Silicon Metals Corp. Announces Revision to Longworth Option Agreement
Silicon Metals Corp. Announces Amendment to Longworth Option Agreement – Silicon Metals Corp Silicon Metals Corp. (CSE: SI, FSE: X6U0) has amended its Longworth Silica Project Option Agreement with Cronin Exploration Inc. The amendment allows the Company to earn a 100% interest in the 3,863.06 Ha Longworth Silica Project, located about 85 km east of […]
Silicon Metals Modifies Offering Terms and Finalizes $294,645 Initial Tranche – Silicon Metals Corp
Silicon Metals Announces Amended Terms of Offering and Closes $294,645 Initial Tranche – Silicon Metals Corp Silicon Metals Corp. has amended its non-brokered flow-through private placement, closing an initial tranche for gross proceeds of $294,645 by issuing 4,533,000 flow-through units at $0.065 each. The total proposed offering has increased to 5,384,615 units, with anticipated proceeds […]
Electrovaya Inc. Closes Full Exercise of Over-Allotment Option for an Additional US$1.7 Million
Electrovaya Inc., a leader in lithium-ion battery technology, announced its public offering of 5,175,000 common shares at $2.15 each, generating approximately $11.1 million. Following the exercise of an over-allotment option, an additional 776,250 shares were sold, bringing total proceeds to approximately $12.8 million. The funds will be used to meet loan conditions with the Export-Import […]
Electrovaya Inc. Closes US$11.1 million Public Offering of Common Shares
Electrovaya Inc. has successfully completed a public offering of 5,175,000 common shares at $2.15 per share, generating approximately $11.1 million in gross proceeds. Roth Capital Partners led the offering, with Raymond James Ltd. and Craig-Hallum Capital Group acting as co-managers. The proceeds will be used for loan conditions related to the Export-Import Bank, repaying existing […]
VERSES Genius™ Outperforms OpenAI Model in Code-Breaking
VERSES AI Inc. announced that its product Genius significantly outperformed OpenAI’s o1-preview model in the code-breaking game Mastermind. Genius solved the game efficiently, achieving a 100% success rate, completing tasks 140 times faster, and at over 5,000 times lower cost. The comparison involved 100 games where Genius completed its tasks in just over 5 minutes, […]
Electrovaya Inc. Announces Pricing of US$11.1 Million Public Offering of Common Shares
Electrovaya Inc. (NASDAQ: ELVA; TSX: ELVA), a lithium-ion battery technology leader, has priced its public offering of 5,175,000 common shares at $2.15 each, aiming to raise approximately $11.1 million before expenses. Roth Capital Partners is the lead manager, with an additional 776,250 shares available through an over-allotment option. Proceeds will fund cash collateral for a […]
Electrovaya Inc. Announces Proposed Public Offering of Common Shares and Files Preliminary Prospectus Supplement
Electrovaya Inc. (NASDAQ: ELVA; TSX: ELVA) has initiated an underwritten public offering of its common shares, with all shares offered by the Company. This offering will be conducted in the U.S. under an effective shelf registration statement and in Canada, excluding Québec. Proceeds will fund cash collateral conditions for a loan from the Export-Import Bank […]